Many strong brands in the plastics industry have fallen into the hands of investors from Thailand, Japan and South Korea, which has raised concern about the future of the industry.

VietNamNet Bridge - Plastics manufacturers complain that the current laws make it easier for foreign conglomerates to swallow domestic companies.

Ninety percent of 2,000 plastics companies are small and medium sized, and have problems in capital and technology access. This gives foreign investors an opportunity to acquire companies to penetrate Vietnam's promising market.

VietNamNet Bridge - Some foreign conglomerates are conducting negotiations to buy a 100 percent stake of a series of Vietnam’s plastics companies, accepting to pay high prices to take over the companies.